Indian supply chain firm Zetwerk names new CEO for US unit

Zetwerk, a B2B marketplace, has appointed Vadim Yakubov as the CEO of its United States subsidiary, Unimacts.

Yakubov brings nearly 30 years of experience in the manufacturing sector, having held positions at companies such as Precision Castparts (PCC), Novares Group, and Ford.

Zetwerk’s US operations, which started in 2019, contribute 20-25% of the company’s global revenues.

The US team has expanded to 350 members.

Unimacts has increased its presence with three factories and six operational centers across the country.

Recent Zetwerk developments

Timeline
15-Jan-2025 📈 Indian supply chain startup Zetwerk said to prepare for IPO Zetwerk plans $500M IPO, seeks $5B valuation. Top banks arranged for IPO, timing may change.
20-Dec-2024 🚀 India’s Zetwerk raises $70m, plans IPO Zetwerk raises $70M, valuation hits $3.1B. Plans IPO within 12-18 months to expand sectors.
11-Nov-2024 📈 Indian supply chain startup Zetwerk eyes $1b IPO Zetwerk plans IPO to raise capital in 2024. Potential multi-billion dollar valuation discussed.
30-Dec-2021 🚀 🇮🇳 Roundup: Zetwerk banks $210m at $2.7b valuation, more Startups raise $87M in funding today Zetwerk secures $210M at $2.7B valuation
04-Feb-2020 📈 Indian B2B startup Zetwerk banks $2.2m from Innoven Capital Zetwerk raises $2.2M from Innoven Capital Plans growth and expansion in Indian manufacturing
11-Dec-2019 📈 Sequoia-backed Zetwerk gets $32m from Lightspeed, Greenoaks, others Zetwerk raises $32M in Series B funding Plans to enhance global operations and services